Coca-Cola Europacific Partners Aust sells Feral Brewing Co.
Coca-Cola Europacific Partners Australia (CCEP) has announced it has entered into a Binding Agreement for the sale of Feral Brewing Company.
The sale will see the ownership of the Feral brand and employees transfer to a joint venture comprising independent Western Australian brewery Nail Brewing and a consortium of investors (joint venture partners). It will also involve fellow independent Western Australian brewery Beerfarm, purchasing all of Feral’s assets to enable continued production of Feral products.
Coca-Cola Europacific Partners Australia Managing Director Orlando Rodriguez said: “As CCEP continues to align as a bottler of our brand partner, The Coca-Cola Company (TCCC), the sale of Feral Brewing Company will ensure Feral is ideally positioned for the next exciting phase of growth, while enabling us to focus on our core NARTD portfolio.
“The purchasers possess the attributes to deliver the necessary scale to achieve long-term sustainable growth for the Feral business, and just as importantly, to continue to invest in the development and growth of the Feral team.”
Beerfarm and Nail Brewing are Western Australian independent breweries. Feral currently contracts brews for both parties at Feral’s premises and the parties intend to continue to support and grow the Feral brand and production volumes, while maximising beer production at the existing Bassendean site in Western Australia.
Completion of the transaction is expected in June.
Pure Dairy appoints new CCO
Dairy consulting company Pure Dairy has appointed Andrew Wellington as its Chief Commercial Officer.
FDA investigates PFAS in seafood
The US Food and Drug Administration (FDA) expands its investigation on per- and polyfluoroalkyl...
Expanding beyond biscuits: Arnott's acquires Prolife Foods
The Arnott's Group has expanded its 'better-for-you' snacking portfolio with the...
